Seafco Public Co., Ltd.

Seafco Public Co., Ltd.

2.82
THB
+0.04
(+1.44%)
0.50EPS
6.05P/E
2.40BMarket Cap
Nov 18Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.61
2.32
2.28
2.29
2.24
3.4
3.73
3.15
1.76
0.96
2.2
1.57
1.95
2.43
Basic EPS, GAAP
0.17
0.26
0.19
0.19
0.26
0.45
0.5
0.19
-0.07
-0.16
0.21
- -
0.21
0.5
Free Cash Flow per Basic Share
0.25
0.33
0.17
-0.13
0.26
0.26
-0.32
0.38
0.12
0.15
0.37
0.11
0.44
0.27
Dividend per Share
0.04
0.08
0.09
0.1
0.11
0.17
0.22
0.19
- -
- -
- -
0.08
0.03
0.12
Book Value per Share
0.93
1.11
1.21
1.3
1.44
1.72
1.99
1.97
1.91
1.76
1.96
1.88
2.06
2.21
Tangible Book Value per Share
0.93
1.11
1.21
1.3
1.44
1.71
1.99
1.97
1.9
1.75
1.96
1.88
2.06
2.21
Basic Weighted Avg Shares
814
814
814
814
814
814
814
814
814
814
814
812
792
790
Sales/Revenue/Turnover
1,307
1,887
1,856
1,863
1,826
2,765
3,032
2,560
1,435
781
1,786
1,273
1,540
1,918
Operating Margin (%)
13.84
14.37
10.33
10.12
12.35
15.58
16.07
7.65
-6.25
-20.85
12.01
-0.61
13.18
25.04
Depreciation Expense
87
92
92
107
117
153
180
213
209
158
136
133
157
169
Net Income, GAAP
138
210
153
156
211
368
410
154
-57
-129
169
1
167
397
Effective Tax Rate (%)
19.4
21.59
21.29
16.83
18.76
17.84
16.78
24.46
- -
- -
21.31
- -
21.82
21.05
Profit Margin (%)
10.57
11.15
8.26
8.38
11.55
13.32
13.51
6.03
-3.95
-16.58
9.49
0.11
10.85
20.72
Working Capital
29
155
251
192
40
-17
54
-29
109
98
267
118
288
326
LT Debt
43
43
189
224
159
336
382
376
235
210
148
22
186
277
Total Equity
775
917
993
1,068
1,196
1,407
1,637
1,612
1,553
1,430
1,594
1,508
1,616
1,730
Return on Invested Capital (%)
13.07
19.6
13.2
12.31
10.45
19.56
20.31
7.89
- -
- -
8.91
- -
10.91
21.23
Return on Capital (%)
13.82
19.98
13.96
13.12
14.76
22
19.88
7.72
- -
- -
10.02
- -
10.19
21.22
Return on Common Equity (%)
19.57
25.3
16.26
15.33
18.94
28.65
27.1
9.57
-3.59
-8.69
11.2
0.09
10.63
24.97

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
71
109
108
LT Borrowings
22
117
107
LT Finance Leases
164
169
170
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
790
790
790
Market Capitalization
1,644
1,881
2,403

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
968
991
951
Cash, Cash Equivalents & STI
376
396
276
Accounts Receivable, Net
391
337
414
Inventories
47
55
68
Total Current Liabilities
680
683
625
Payables & Accruals
413
423
351
ST Debt
71
109
108
Deferred Revenue
187
141
151

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.36%
0.32%
7.17%
Free Cash Flow
-60%
63.04%
285.74%
Net Income, GAAP
1,191.55%
2,371%
12,193.11%
Sales/Revenue/Turnover
7.53%
6.27%
20.98%
Total Cash Common Dividend
- -
- -
-64.38%

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
397
263
339
274
1,273
2025
136
402
478
524
1,540
2026
467
448
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
0.01
-0.01
-0.03
- -
2025
-0.08
0.05
0.11
0.13
0.21
2026
0.13
0.13
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.08
- -
- -
0.08
2025
- -
0.03
- -
- -
0.03
2026
- -
0.12
- -
- -
- -

Company Description

CEO
Narong Thasnanipan
Full Time Employees
835
Sector
Industrial services
Industry
Engineering & construction
Address
144 Prayasuren Road Bangkok BM Thailand 10510
IPO Date
Sep 3, 2004
Business
Seafco Public Company Limited is a Thailand-based company specializing in construction services with a focus on deep foundation works and general civil engineering projects. Founded in 1974 and headquartered in Bangkok, Seafco offers core products and services including bored piling, barrette construction, diaphragm walls, foundation construction, integrated basement structural work, and various specialized testing services. The company serves both public and private sectors, handling direct contract works from project owners or subcontracting from main contractors primarily within Thailand. Recent major developments at Seafco include the acquisition of multiple new projects throughout 2024 and 2025, such as contracts for the MRT Orange Line Project involving diaphragm walls and resilient eco-friendly piles in Bangkok, and large-scale foundation works for data centers and hospital expansions. The company reported new projects valued at approximately 850 million THB in early 2025 and additional projects worth around 180 million THB, reflecting ongoing expansion and active tender wins. Seafco continues to enhance its operational capabilities with investments in equipment and advances in eco-friendly foundation technologies. It operates through subsidiaries including Seafco Construction Co., Ltd. and Seafco Intertrade Co., Ltd., maintaining a strong presence in Thailand’s foundation and civil construction market.